The Economic End Game Continues

In November of 2014 I published an article titled ‘The Economic End Game Explained’. In it I outlined what I believed would be the process by which globalists would achieve what they call the “new world order” or what they sometimes call the “global economic reset.”

As I have shown in great detail in the past, the globalist agenda includes a fiscal end game; a prize or trophy that they hope to obtain. This prize is a completely centralized global economic structure, rooted in a single central bank for the world, the removal of the U.S. dollar as world reserve currency, the institution of the SDR basket system which will act as a bridge for single a global currency supplanting all others and, ultimately, global governance of this system by a mere handful of “elites.”

The timeline for this process is unclear, but there is some indication of when the “beginning of the end” would commence. As noted in the globalist owned magazine The Economist, in an article titled “Get Ready For The Phoenix,” the year of 2018 seems to be the launching point for the great reset. This timeline is supported by the numerous measures already taken to undermine dollar dominance in international trade as well as elevate the International Monetary Fund’s SDR basket. It is clear that the globalists have deadlines they intend to meet.

That said, there have been some new developments since I wrote my initial analysis on the end-game strategy that I think merit serious attention. The end game continues, faster than ever before, and here are some of the indicators showing that the “predictions” of the globalists at The Economist in 1988 were more like self-fulfilling prophecies and 2018 remains a primary nexus point for a re-engineering of our economic environment.

The problem is that even in the alternative media there is a continuing myth that Eastern nations are angling to “break away” from the international order. I often see the argument presented that the loss of the petrodollar can only be a good thing for the world. I am not here to comment on whether the end of oil-denominated in dollars is a good or bad thing. I am here, though, to point out that there is absolutely no indication whatsoever that major eastern powers like Russia and China are acting to undermine the existing globalist system.

Eastern political and economic officials have consistently called for a new reserve system supplanting the dollar, this is true. But what so many analysts seem to overlook is that they ALSO call for that new system to be dominated by the IMF.

The delusion that the financial world operates on is that the IMF is “controlled” by the U.S. It is not. It is controlled by international bankers, who have no loyalties to any specific country. Once one understands this fact, the systematic sabotage of the U.S. makes perfect sense, as well as the collusion between China, Russia and the IMF. America is a sacrificial appendage of the globalist edifice and is being torn down piece by piece in order to feed the creation of something new and perhaps even more sinister.

As George Soros proclaimed back in 2009, the “new world order” would rely in part on China as a replacement economic engine for the globalist machine and depend far less on a diminishing United States. China would serve as a smaller engine, but a replacement engine none the less.

China is more than happy to oblige the globalists with a concerted and incremental program of de-dollerization. But this does not mean that the end-goal is a “petroyuan.” No, the goal is for the IMF to assert the dominance of the SDR basket system as a reserve hub. And, China is now the flagship market for the SDR after its recent induction into the fold. There will be no single reserve currency after the dollar is brutalized. At least, not until all currencies are homogenized through the SDR basket and finally replaced with a single global currency unit. Until then, the IMF or the BIS will dictate nation-to-nation trade and monetary exchange.

It only follows that this highly-volatile rebirth of the global financial order would begin in part with the dollar’s loss of petro-status. The oil trade is the one defining element that gives the dollar a fundamental edge over all other currencies. It is the closest thing we have to commodity backing for the dollar and it is an advantage no other currency in the world can yet boast. There are many ways to destroy the dollar, but the BEST method would be to end its petro-status.

The Global Currency Unit Is Already Here

One argument I used to hear often from naysayers on global currency was that there “is no monetary unit with enough liquidity to replace the dollar.” Of course, these people have no understanding of the SDR basket and how it could be used to envelop and absorb most if not all currencies into a single reserve mechanism. That said, I understand the confusion. When people think of currencies, they think of physical tickets of measurement; they want to see a piece of paper with symbols, or, they want to at least see a brand name for the product, which is what all currencies really are.

When The Economist in 1988 called for a global currency to launch in 2018, they were perhaps not aware of the exact form the destructor would take. Even in 2014 I was not fully convinced we had enough evidence on what that unit of measurement would be or look like. Today, it is clear as crystal — the one world currency system will not only be a cashless system, but it will also be based on digital blockchain technology.

Even major elitist corporations like Amazon appear ready to adopt blockchain products as currencies. So, one needs to ask the question: If the blockchain and Bitcoin are such a dire threat to the centralization of the establishment, why are they rapidly laying all the groundwork necessary for blockchain systems to replace paper currencies?

What is interesting to me is that even in the highly vigilant world of alternative economics, which is well aware of the trend towards a global currency system, blockchain systems are still revered as if they will save us from central bank tyranny. Very few people have noticed that The Economist call for a 2018 one world monetary framework has arrived slightly early; it has been right under our noses for several years. With blockchain-based methods of exchange, a replacement structure for the dollar and all other national currencies is not very far away.

The Federal Reserve Implosion Program Continues

I remember back before 2008 when the media almost never treated actions at the Federal Reserve as major news. In fact, I remember back when the average American had never even heard for the Federal Reserve, and some believed the very existence of the institution was a “conspiracy theory”. Now, the nomination for the new Fed chair is at the top of the news feeds, but for all the wrong reasons.

The changing of the Fed chair is absolutely meaningless as far as policy is concerned. Jerome Powell will continue the same exact initiatives as Yellen; stimulus will be removed, rates will be hiked and the balance sheet will be reduced, leaving the massive market bubble the Fed originally created vulnerable to implosion. Equities in particular display the behavior of an out of control bullet train similar to the 2006/2007 bubble, or even the delusional exuberance prominent before the crash of 1929.

All of this optimism is dependent on two things – dumb blind faith that all investors will continue to act in perfect concert to always “buy the dip”, and, continued faith that central banks will forever step in to obstruct and reverse any market correction.

An observant person, however, might have noticed that central banks around the world seem to be acting in a coordinated fashion to remove stimulus support from markets and raise interest rates, cutting off supply lines of easy money that have long been a crutch for our crippled economy. The Bank of England raised rates this past week, as the Federal Reserve indicated yet another rate hike in December. The Europeans Central Bank continues to prep the public for coming rate hikes, while the Bank of Japan has assured the public that “inflation” expectations have been met and no new stimulus is necessary. If all of this appears coordinated, that is because it is.

Fed policy is not dictated by the Fed chair, and it is certainly not dictated by Donald Trump. As former chairman Alan Greenspan openly admitted, the central bank does NOT answer to government, it is an autonomous policy making machine. Fed chairs are as easily replaced as lawnmower parts; they are mascots for the banking system, nothing more. Once they are “nominated” by the president, they take their orders from another source entirely, and I would even question the validity of the nomination process and how the original list of candidates is chosen. For the real puppeteers at the Fed, one would need to look to an organization outside the U.S., called the Bank for International Settlements.

Many Subtle Changes Add Up To Unprecedented Instability

I think it is vital for people to consider time when it comes to economics. Changes we think were abrupt during historic moments of crisis were often not abrupt at all. Almost all financial crisis “events” were preceded by years if not decades of growing but subtle cracks in the foundation. If you were to travel back 10 years ago and explain to the average person (or the average mainstream economist) what is happening today, he would probably scoff indignantly. Yet today these things are accepted as commonplace, or ignored as unimportant. Time and short attentions spans are the bane of free societies.

The skeleton of the “new world order” economy is right in front of us. The triggers for explosive change have already been planted. What concerns me is, when these changes come to fruition and crisis follows, will the masses even notice?

“Carrying out a postmortem of a recent selloff in China’s $9 trillion bond market shows how it is becoming harder for Beijing to untangle its increasingly intertwined financial system. In the aftermath of China’s twice-a-decade party congress last week, yields on benchmark 10-year Chinese government bonds spiked to 3.9%, their highest in three years. Government bond futures fell. Reasons proffered for the sudden rout ranged from expectations of higher U.S. interest rates to general fearmongering.

“WSJ tries to explain “how the selloff in China really worked”. In essence what happened is that, as funding costs for Chinese banks have risen, they have been forced to compensate by placing more money in the shadow banking sector, with all the risks that entails (i.e. leverage and risky assets).”

“Okay, this is where things get more interesting. Please bear in mind that (as we’ll explain later) a key pillar supporting the stability of China’s financial system is the maintenance of rising flows into the Chinese shadow banks. This Bloomberg chart shows the rapid growth in China’s shadow banking system in recent years. The WSJ explains that the reduction in flows into the shadow banks has led to redemptions and something had to be sold quickly…”

“The sell-off in Chinese government bonds implies that the deleverage in shadow banking we identified in September in beginning to bite. We are in the last lap of the Chinese Ponzi as, piece by piece, the whole decrepit system is being exposed. In the end, it will boil down to how many trillions of RMB the PBoC needs to print to make the banks and their shadow banking relatives whole.”

Davy on Sat, 4th Nov 2017 7:09 am

“The skeleton of the “new world order” economy is right in front of us. The triggers for explosive change have already been planted. What concerns me is, when these changes come to fruition and crisis follows, will the masses even notice?”

What a joke from a conspiracy addict. The new world order is a figment of people’s imagination at the level they want to believe it to be. The global system is a self-organizing system of billions of individual decisions in a vast competitive cooperative system that no one controls. Saying the problems with the current system are by intention manmade is typical of intellectually simple people looking for simple answers and people to blame. No one is in charge as in the key driver. This is a late term civilization trying its hardest to remain linear in growth and affluence as nature makes it cyclical in succession and change. This is the same bullshit extremist and the angry on this board proffer. Extremist drivel that supports extremist viewpoints of blame and complain with the corresponding logo of “join my team”. “It is their fault be like me”.

This is about an entire civilization in dangerous flux near thresholds of phase change. That phase change can only break to a lower level of affluence and complexity. There is no substitution and transition for more affluence and complexity. This is about a break that is a fall in a process of succession that could be a collapse. The primary nature of a late term civilization is it has peaked and heading down. We just don’t know yet the details. It has less to do with the so called “big players” and mostly about the system itself and its physical l imitations and its living nature. I am not saying there are no NOW people as well as a whole list of other “group types”. This is about the system itself that is above the human. It is about a human system inclusive in the planetary ecosystem. Let’s quit this conspiracy thinking that is based upon human exceptionalism.

Darrell Cloud on Sat, 4th Nov 2017 9:24 am

I’m not buying it. Central planners plan, schemers scheme while debt and resource depletion threaten the system. Peak complexity is rearing its ugly head. Reset is inevitable. The fantasies of the Star Trek generation gave us cell phones; I give them that. The replicators and the warp drives have not materialized. Without them the desperation of the have nots will overwhelm the haves.

Capitalism is slavery, as workers we are “bought and sold in the marketplace,” dehumanized, subjugated, and the creativity of our labor is stolen and transformed into routinized, standardized, pre-planned, daily toil under the principles of scientific management….all so our bosses can build their mass fortunes on the backs of workers while we stay poor.

Boat on Sat, 4th Nov 2017 11:20 am

mm,

The need to survive is a trade off. If you want to survive with heat, cooling, healthcare, food, entertainment and transportation. Without work and workers teaming in cooperative infrastructure, you have very short lifespans in discomfort.

BTW: I might note that a large percentage of Filipinos do not participate in capitalism, but remain independent entrepreneurs, self employed, taking all the profits of their labor. A cash society. Over 2/3rds have no use for, or accounts at, banks. Nor debt.

Madkat: Get the fuck out of here with that reset shit…To much Tyler Durden of Zerohedge….Just remember post collapse you will be the low hanging fruit at your age for zombies!

makati1 on Sat, 4th Nov 2017 9:18 pm

MM, I read all over the internet and from many countries, not just US bullshit. YOU are the one with the narrow mind. Trying to kill the messenger.

The “if we go down, you ALL go down” mentality is pure American brainwashing bullshit. But, sitting in the heating frog pot, you probably don’t even feel the heat. THE US has to fail for the One World group to succeed and that is exactly what they are doing. It is all around you.

makati1 on Sat, 4th Nov 2017 9:26 pm

There you go with your “peer review” bullshit again. If I wanted to waste the time, I could find the same number of articles supporting anything. There are millions of them on the internet.

Peer review is more of your ‘degree’ brainwashing. I don’t need some ivory tower “experts” telling me what to think. I learned how to do that in grade school 60+ years ago. It has served me well ever since.

A little country with ~4% of the worlds population is not going to bring down the other ~96%. Sorry.

Kunt is an old crabby and crazy person obsessed with transsexuals..And a long emergency is hard to imagine…..One the permanent oil supply shortages hit the world economy in a few years…According to IEA and Saudi’s!

“… it soon became clear that in Korea and Vietnam that advantage, while real, did not necessarily result in any US victory.

Following Vietnam, US politicians basically limited their aggression to much smaller countries who had no chance at all to meaningfully resist, never mind prevail. If we look at the list of US military aggressions after Vietnam (see here or here) we can clearly see that the US military specialized in attacking defenseless countries.”

The US is a toothless and corrupt paper tiger.

Boat on Sun, 5th Nov 2017 1:25 am

mak,

The US assures the world of the free flow of oil. But understand it wants market competition in a world market. Sharia law has a different goal. Those small conflicts you call war happened because their unruly leaders were messing with the access to the worlds oil supply/upsetting the NWO. Iran and N Korea are just the latest unruly states that can’t figure out the big picture. We call that trying to punch above your weight class.

There are times you blame the apple, and there are times you blame the tree…..

-Bill Lewis

The USA is the tree….But you come to this blog every day to shoot the apples…shame

makati1 on Sun, 5th Nov 2017 2:33 am

Boat, talk about the pot calling the kettle black…lol.

Cloggie on Sun, 5th Nov 2017 2:33 am

The US assures the world of the free flow of oil.

Not to mention the free flow of Third-worlders and Jihadis into white lands, but I digress.

Iran and N Korea are just the latest unruly states that can’t figure out the big picture.

I’m afraid that it is you who doesn’t get the big picture; Iran and NK are not isolated islands. Iran is backed by both Russia and China and could become a SCO-member soon, now that sanctions against Iran are lifted:

There is no way that the US can defeat Iran, they couldn’t get a grip on Iraq and were essentially thrown out of Iraq (read: Green Zone) after they had done their job as being a useful idiot for Shia interests.

We call that trying to punch above your weight class.

You can’t for the life image that that line could apply to the US itself, you and your brain saturated with Hollywood pictures of US invincibility. Rest assured that if the US dares to attack Iran for no good reason, Russia and China will not sit idly by like they did in 2003 with Iraq.

MM, you joke, of course. The US “tree” is dying. It is rotting from the inside out. Lake a lot of old trees, they look healthy until the first storm takes them down and they are seen to be a hollow, rotted out corpse of a tree.

makati1 on Sun, 5th Nov 2017 2:39 am

Cloggie, you could say that about NK. China has already said that they would side with NK if the US invaded NK. Maybe the US did not learn anything from Vietnam?

I am sure Russia would not be pleased with the US so close to its border either.

The US is pure bluffing bullshit.

Cloggie on Sun, 5th Nov 2017 3:42 am

The war of the Western media against Trump continues. Latest cover of der Spiegel:

This travel will likely increase Trump’s prestige and tighten his grip on the presidency, Reps and America in general.

Davy on Sun, 5th Nov 2017 4:53 am

“were essentially thrown out of Iraq (read: Green Zone) after they had done their job as being a useful idiot for Shia interests.”
Says the military genius who spouted off that there are 10MIL men under arms in Korea. Mad Kat and dumb n Dutch can be ignored on military matters.

Davy on Sun, 5th Nov 2017 4:59 am

“Russia and China will not sit idly by like they did in 2003 with Iraq.”
More empty links without words from dumb n dutch. Gives us some words for your assertions dumb. What is Iran makes the first strike then what dumb? Iran will be wiped off the map militarily. What will China and Russia do then dumb dumb

Davy on Sun, 5th Nov 2017 5:29 am

Too bad racist, there is more to being successful then a flawed intelligence rating

“Emotional Intelligence Is the Other Kind of Smart. When emotional intelligence first appeared to the masses in 1995, it served as the missing link in a peculiar finding: people with average IQs outperform those with the highest IQs 70% of the time. This anomaly threw a massive wrench into what many people had always assumed was the sole source of success—IQ. Decades of research now point to emotional intelligence as the critical factor that sets star performers apart from the rest of the pack. Emotional intelligence is the “something” in each of us that is a bit intangible. It affects how we manage behavior, navigate social complexities, and make personal decisions that achieve positive results. Emotional intelligence is made up of four core skills that pair up under two primary competencies: personal competence and social competence.”

“Personal competence is made up of your self-awareness and self-management skills, which focus more on you individually than on your interactions with other people. Personal competence is your ability to stay aware of your emotions and manage your behavior and tendencies. Self-Awareness is your ability to accurately perceive your emotions and stay aware of them as they happen. Self-Management is your ability to use awareness of your emotions to stay flexible and positively direct your behavior. Social competence is made up of your social awareness and relationship management skills; social competence is your ability to understand other people’s moods, behavior, and motives in order to improve the quality of your relationships. Social-Awareness is your ability to accurately pick up on emotions in other people and understand what is really going on.”

“Emotional Intelligence, IQ, and Personality Are Different. Emotional intelligence taps into a fundamental element of human behavior that is distinct from your intellect. There is no known connection between IQ and emotional intelligence; you simply can’t predict emotional intelligence based on how smart someone is. Intelligence is your ability to learn, and it’s the same at age 15 as it is at age 50. Emotional intelligence, on the other hand, is a flexible set of skills that can be acquired and improved with practice. Although some people are naturally more emotionally intelligent than others, you can develop high emotional intelligence even if you aren’t born with it. Personality is the final piece of the puzzle. It’s the stable “style” that defines each of us. Personality is the result of hard-wired preferences, such as the inclination toward introversion or extroversion. However, like IQ, personality can’t be used to predict emotional intelligence. Also like IQ, personality is stable over a lifetime and doesn’t change. IQ, emotional intelligence, and personality each cover unique ground and help to explain what makes a person tick.”

Cloggie on Sun, 5th Nov 2017 6:15 am

More empty links without words from dumb n dutch. Gives us some words for your assertions dumb. What is Iran makes the first strike then what dumb? Iran will be wiped off the map militarily. What will China and Russia do then dumb dumb

The forum anti-intellectual wheelbarrow guy has apparently never heard of SCO. And if he did he is unable to grasp the significance.

Iran won’t be so stupid to give the US an excuse to attack.

And how do you imagine that Iran will be wiped of the map militarily? You fled with the tail between your legs from Iraq, that is flat and has half the population of Iran and is ethnically deeply divided.

Maybe you are stupid enough to invade and probably will have some initial “2nd generation warfare” successes. But once you are lured inland far enough into very mountainous territory…

… the usual Muslim tactics will kick in and the US losses due to suicide attacks will pile up. And that is were the US is most vulnerable: body bags.

Iran:

– majority Shia and no substantial ethnic divisions.
– Moutains.
– 80 million solid anti-American population, willing to die for their country and religion.
– You cannot use the Gulf for naval operations, the Iranians can seal off the Straight of Hormuz. Navy vessels in the Gulf will be sitting ducks for Iranian (read: Russian and Chinese) super-sonic missiles and as such cut off supplies.
– The only possible spot to bring troops on land would be from the Indian Ocean. Oh, the road from Gwadar to Tehran is 2200 km, through mountains. Good luck with that.

No chance. It will probably mean the end of your country through a wave of secession’s, to escape being pushed into the Eurasian meat grinder.

makati1 on Sun, 5th Nov 2017 6:24 am

Cloggie, Davy has constipation of the brain because his bullshit has reached that level. The US only picks on small, defenseless countries that still manage to kick the shit out of them until they declare “Mission Accomplished” and retreat with their tail between their legs. LMAO

Davy on Sun, 5th Nov 2017 6:39 am

“Iran won’t be so stupid to give the US an excuse to attack.”
Dumb, do you have an inside connection to the Iranians. lol. You sound like mad kat with your military wizardry. You dumbasses tried to tell all of us here there are 10MIL men under arms on the Korean peninsula. Wizardry alright!

The rest of your comment is incoherent so I am not going to comment on it. You just don’t live in reality much like the other Dementia man, mad kat.

Davy on Sun, 5th Nov 2017 6:41 am

Mad kat, say something or shut up. You remind me of a little Chihuahua yapping and barking while other big dogs battle. BTW, I thought I was on your ignore list. Will you alert me to which way it is during the week because I never know. You waffle back and forth so much.

Cloggie on Sun, 5th Nov 2017 7:26 am

You dumbasses tried to tell all of us here there are 10MIL men under arms on the Korean peninsula. Wizardry alright!

Typical uniformed thinking of those who think they are experts by heading to wiki. Dumb, you and Mad Kat have zero military competence. As I have said in the past, any military man would look at active duty personnel making up fully equipped fighting units. Paper men and guns means little. Even more important is the logistical apparatus to support a fighting force. Dumb, some advice, stick with simple programming.